Moniker CEO expands role at new parent company.
Oversee.net’s Monte Cahn speaks at a
TRAFFIC conference. Photo courtesy DNJournal.
Moniker CEO Monte Cahn has expanded his role after his company was acquired by Oversee.net. Cahn is now spearheading the Aftermarket & Registrar business division at Oversee.net. I recently caught up with Cahn and Oversee.net to understand what this division entails and what’s in store for the future.
Domain Name Wire: What does the Aftermarket & Registrar business include? Does it include SnapNames?
Cahn: Oversee combined Moniker and SnapNames into a new Aftermarket and Registrar Division. Our goal is to aggressively grow the aftermarket business capitalizing on our broad range of experience, success, and services for domain investors. I am sure you are aware that SnapNames and Moniker were working very closely together on producing the Live Domain Auctions using SnapNames Live online bidding technology. There are numerous synergies between these two industry leaders since so much of the client base and target audiences of both business units are the same. It made perfect sense to combine many of the sales initiatives and development activities to provide clients with the easiest and most effective opportunities to buy and sell domains. Combining these services with the strength of our registrar services – especially the top-notch domain asset management services, security and customer service we provide – enhances our ability to protect and grow the domain assets of our clients. The feedback is extremely positive so far.
Domain Name Wire: When Moniker was acquired by Oversee, did you envision personally expanding your role?
Cahn: I knew that the vision I had for Moniker was right in line with the vision that Oversee has for the business as a whole. As a result, while I had no specific expectations, I recognized my expertise of more than 10 years in the industry would be helpful to the company outside the scope of the Moniker business unit.
Domain Name Wire: What sort of synergies should we expect to see between Moniker, SnapNames, and Oversee in the future as you work on this (other than current ones like SnapNames live auctions)?
Cahn: With Moniker and SnapNames joining the Oversee family, the company now offers a complete array of services to cement its leadership position in the domain name secondary market and overall Domain Asset Management. Oversee supports the entire life cycle of domain name procurement, monetization and sales
Moniker also provided details about how it is integrating the companies:
-Moniker account executives are now providing service to SnapNames clients. Not only do they help clients get their names into live auctions, but they are also now helping them get scheduled for Daily Online Auctions in the SnapNames system.
-The auction submission process is shift to the SnapNames platform which is completely automated.
-In the near future, the Moniker account control panel will also be deployed across all SnapNames registrars providing those registrants with increased functionality.
-Moniker clients have been transitioned to Oversee’s DomainSponsor.
owen frager says
Now if only Oversee would change all its brands to one simple moniker that says them all in one- oh wait a minute… ‘moniker”
Rob Sequin says
Sounds like Moniker brand will be dissolved into snapnames?
Andrew says
Rob, I don’t think so. I think they’ll brand them separately.
Frank says
The 2 guys behind Oversee.net are amazing. Young fellows who in a short time amassed enough wealth from affiliate marketing to leverage a buyout of Moniker and Snapnames for a collective bargain of 100 Million.
While other affiliate marketers are now relegated to posting their 2005 clickbank checks as adcopy to sell 99.99 get-rich-quick ebooks.
Elliot says
The Original Ripoff Report Title:
Moniker.com / DomainSystems, Inc. / Oversee.net / SnapNames.com / Monte Cahn Internet Fraud / Domain Name Hijackers / Deceptive Trade Practices / Breach of Contract / Misrepresentation / Bad Faith Pompano Beach Florida
The Original Ripoff Report Text:
Moniker.com. These people run Domain Name Auctions, but they are not to be trusted as they are deceptive, do not abide by their own Terms and Conditions as publicly displayed on their website, and will not honor their Exclusive Right To Sell Agreements, and are bad faith actors. Their Escrow and Auctioning licenses should be suspended, or revoked, for deceptive trade practices and breach of fiduciary responsibility. ICANN should also investigate their practices and, as result, suspend or revoke their Registrar status.
On May 23, 2008, through one of their auctions, representing themselves as the new owners of a domain they purchased from me for $16,500, $14,025 net to me, they had sixty (60) days to make payment and transfer the funds to me. Despite several Notices sent to them subsequent to the contract expiration, receipt which were acknowledged, to either extend in writing their Exclusive Right To Sell Agreement or make the required payment, as called for in the Agreement, they have refused to do so. They have hijacked my property!
I have identified another transferee for the domain, but I am being financially damaged by their refusal to release my domain from their Escrow Account. Monte Cahn actually made the outrageous claim that there is no time limit on their process, contrary to our written Agreement, and what anyone would view as a violation of Federal, State, and Local Business Law Statutes.
In good faith, as they had requested, I promptly transferred the domain to their Escrow Account, and they were supposed to also act in good faith and transfer the funds to my personal account. Although their website clearly states that the Seller is protected because they “guarantee” that the Buyer has the funds, this is a deliberate deceptive misrepresentation to lure Sellers into their scheme of hijacking domains, as what has happened to me. Additionally, they do not act or communicate in good faith or in a timely manner. In my opinion, they are bullshitters, plain and simple, and are forcing me to seek legal recourse in order to have payment made to me for damages, plus fees and costs for recovery.
Do Not Do Business with these companies. Do Not Place Your Domain Names in their Auctions. You will be exposing yourself to unnecessary risks. They are not to be trusted, and, like me, you may very likely be RIPPED OFF! Elliot Aventura, Florida
singlebargain.com@domainservice.com says
this is a no good spamming domain . i get more spam from this outfit than all others combined